Former minister and Laundy Hotels Executive Craig Laundy says the 5.2 per cent minimum wage rise will “be the latest kick in the guts” to businesses.
‘We’ve had two massive closures through COVID, we can’t find staff, we’ve got all sorts of short-term inflationary impacts – through no fault of our own – that are being passed onto the cost side of every business in the country,” Mr Laundy told Sky News host Erin Molan.
He said there will need to be “big decisions” from the government to address the issues businesses are facing, such as staff shortages.
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